May 4 2004
ARMENIAN IT COMPANIES TO OPEN REPRESENTATIONS IN CANADA, USA, GERMANY
YEREVAN, MAY 4, ARMENPRESS: Bagrat Yengibarian, the director of
Armenian Enterprises Incubator Foundation (EIF), funded by World Bank
told Armenpress that the government and the Bank have approved the
idea of opening representations of Armenian IT companies in Canada
and the USA. Yengibarian said another project for opening a
representation in Germany is underway.
He said the first representation will open next month in Canada’s
Toronto. He said the EIF is now discussing with Armenia-based IT
companies the ways of cooperation based on contracts to be signed by
the representation, as the Toronto representation is supposed to
resolve initially several priority problems of Armenian companies in
Canada’s IT market.
Yengibarian said Armenian embassy in Canada will help organize the
second online conference between Canadian and Armenian IT companies
in June. He said the previous such conference attracted tens of heads
of Canadian It companies, 70 percent of whom were non-Armenians.
He said the representation in the USA will most likely open by the
end of 2004.